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meteorologist jim dickey is tracking that storm. jim, who is going to get it first? >> seeing the snow right now already across southern illinois and southern, indiana. with the storm, not packing the punch that its predecessor did but still a wide swath of snow across the ohio valley spreading its way north and eastward and then the cold front with the system putting down substantial rainfall. good news is nothing in the way of severe weather reports or reports of damage like we saw with the storm the day after christmas. moves east ward and the heavy rain tracking into the florida panhandle right now. reds and yellows marking the heaviest precipitation. with that further northward sold air in place. the heaviest band of snow the darking blue shade stretches from indianapolis down south of st. louis and that will move north and eastward as we head through the night. the first moves into pennsylvania and weakened and then transfer energy to a system that is going to roll up the coast but that happens too late for this to be a major snowmaker for most of us here. a wide swath of snow from the sto
? a nasty winter storm hitting many states in recent days. jim cantore in mobile, alabama. twisters hit yesterday, quite a few, i think, right, jim? >> reporter: yeah. the storm prediction center says 34, our severe weather expert who tracks tornadoes and sees which are duplicated says 19. which for whatever it's worth is a record day for tornadoes on christmas. the previous record was 1969 with 12 tornadoes. guys, here's the deal. now we have tornado season in the middle of winter. and that seems to be what happens nowadays. you see behind me this church was pretty heavily damaged. look at the roof. two sections ripped off. then dropped below. and given the fact that this debris was just dropped off down here, i'm going to probably estimate these winds somewhere in the 90 to 100 mile-per-hour range. so probably ef-1, maybe ef-2 damage. they typically go along the tornado path and look at the damage to assess an actual rating if you will in terms of what that damage is. behind me, a lot of cleanup here on dauphin street. the crews will be cleaning the debris. you see the power lines han
there is always a bull market somewhere, and i promise to find it just for you, right here on "mad money." i'm jim cramer, and i will see you monday. done. it's the right thing to do for our families, for our businesses and for our entire economy. but the hour for immediate action is here. it is now. >> the president correctly says the time for immediate action is now. apparently not his immediate action, though, with the nation facing a crippling fiscal cliff in just three days, the president calls congressional leaders together and says, you fix it. no, he doesn't offer any new plan from the white house, no compromise. instead the president tells the senate to come up with a deal and the same senate that hasn't passed a budget in years. and the marks don't like it at all, 158 points now tanking and falling further in the after market and we'll have to see how asia opens on monday. it could be ugly. the headlines are falling fast and furious. we're all over it "the kudlow report" starts right now. >>> welcome. i'm michelle caruso-cabrera in for larry kudlow. a lot happened in just the last couple
, if you stick with the plan, i think equities are poised to do well this year. >> i talked with jim o'neill and he was saying he thinks this could be the year that the u.s. actually loses its leadership edge when it comes to bull markets and things going on. he thinks you handed it off to other countries overseas at this point. are you worried at all about that? >> i'm not. jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't know that. the fed is a huge elephant in the room and it is as long as they keep buying bonds, you don't have a problem. the thing that concerns me is that -- >> go ahead. >> the thing that concerns me is we borrow a trillion plus dollar
than goodbye increasing taxes on businesses and decreasing jobs. i spoke with oklahoma senator jim enhoff earlier. senator enhoff, you issued a report on the damage that will be done to america's economy if president obama is able to push through by regulation, not legislation, but regulation his so-called greenish -- green initiative. let's talk about what happens to this country's economy and jobs if that happens. >> governor, first of all, i did that before the election. these are the regulations that he was going to impose, but he is waiting until after the election to do it for obvious reasons. all of these people will lose their jobs. he didn't want them to know that before the election. to put it in proper perspective, i think most people know that the deficit was really that came from the budget of the president, $5.3 trillion deficit. people understand that. they know about his war on fossil fuels. here we are in a position of having the most recoverable fossil fuels reserves of any country in the world. we could be totally independent in a matter of weeks, and he won't le
. the dax is higher by 2%. italy up 3.5%. but of course, jim, what a two-day streak of gains we will see here on the market. >> i think that we're set up to go higher. i also want to caution -- i don't like to buy up 2%, 3%. that's never been a terrific way to get the year started. there's a lot of money coming in. i do want to be optimistic about 2013, because i felt that what was going to happen was capital gains could go up more, defense could go up a lot more. i was fearful going over the cliff. i can immediately switch to the debt ceiling and be negative and want to cry. but i want to focus on the fact that we got something good that happened. i know no one liked the deal. that's what happens. that's what compromise is about. >> exactly. >> you're not supposed to like a compromise deal. >> i agree. listen, it's a time to be optimistic. i love the tweet this morning that let's put d.c. on the back burner a bit, and put the stock price where it's supposed to be, which is future earnings. >> we'll get there in one 1/2 months when the sequester is over, when we'll have to deal with the
, that is next. and jim paulson tells us why he's expecting a 15 to 20% gain for the s&p 500 in 2013. looks like we're going to lose 10.5 on the s&p right at the open. more "squawk on the street," right ahead. p for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male a
's in store with our guest host, doug, and wells capital cio, jim paulson. >> it's the day after new year. we hope you make "squawk box" your friend every morning. ♪ >>> as we get ready for another exciting year of business news, "squawk box"'s second hour starts right now. >>> good morning. welcome to swaub "squawk box" o. i'm andrew sorkin with becky and joe. the dow looks like it would open 156 points higher, nasdaq up 40 points and s&p 500 would open up 22 points higher after some talk of an amended deal that would have to go back to the senate, the house eventually did pass the senate's bill with no changes. it raises taxes on the highest earners for spending in two months. much more on this in a moment. other news, we have the first big takeover deal belongs to avis budget group buying zipcar for $12.25 a share. nearly a 50% premium for zipcar shareholders. it may be another good year for the auto industry. 15.3 million new vehicle registrations this year helped by 43 new models rolling into showroom and 63 newly designed vehicles. >>> more on the fiscal cliff passed last night by the
back to "squawk box." we are just seconds away from weekly jobless claims and rick santelli and jim iuorio are standing by at the cme. you know, rick, whenever anyone compared to the cliff to t.a.r.p. i never really bought that. because t.a.r.p., i mean, the commercial paper markets were freezing up. it was -- i just don't think it's really the same thing, is it? it's not as front and center as that. and i -- we've talked about it so much, it's hard for me to believe the markets could just all of a sudden decide they're going to fall off a cliff like the fiscal cliff itself. what do you think, rick? >> no, i somewhat agree. i think the reason i brought it up, and i think i was one of the first to bring it up is, it just gives you a market impetus to get something done. but i think categorically they're nothing the same. t.a.r.p. was about some real issues. fiscal cliff is about being afraid, i think. >> let's do the numbers. >> 350,000 on initial jobless claims. that is definitely less than we were looking for. it's a dozen less than the revised number you're looking at last week. 3
of the democrats who voted no is virginia congressman jim moran who's with me now. thank you for being here. charles krauthammer said on the right this was a route for the ds. you disagree. >> normally when the far right and far left are in agreement, the middle makes the most sense. but not in this case. i think this is a very bad long-term deal for democratic priorities and thus for the president. because what we did was to take $3.9 trillion off the table permanently and set up three more fiscal cliffs over the next three months. the sequester, the debt ceiling, then the expiration of the appropriations bills. which will happen in march. and what it does is to say we will never bring in more than 15% of gdp. but we have never had a robust economy when federal spending wasn't about 20% of gdp. because you need that investment in research and innovation and education and skills training and so on. and what's going to happen is that interest on the debt is going to be greater than any of the programs that provide that kind of seed corn investment in our children's future. so that's what we
." i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point w
rancher jim chillton makes a disturbing discovery. a drug smuggling camp on his land, with knapsacks, blankets, food and bales of marijuana. >> this is my private land. this is land that i own. and the druggers outrageously use my land at will. >> reporter: advocates concerned about border security have placed motion-sensitive hidden cameras near chillton's land. and what they reveal are wave after wave of mexican drug and immigrant smugglers, sometimes heavily armed, crossing into the u.s., traveling miles inside the country. chillton and his wife sue complain, they live in no man's land, unprotected by their own government. >> it's outrageous. i am a citizen of the united states. >> reporter: for neighboring rancher david beckham, it's even worse. he moved his family off the land, hearing the armed smugglers pa passing through at night. he skofs when the administration claims the border is safer than ever. >> that's a joke. they can believe what they want. they can live in candy land. >> reporter: for miles and miles in southern arizona, this is the international border, the two co
and billionres are having a taxing good time finding love. but 1-800-flowers, jim mccann says that he has the fix for that. i am finding that the peak is in. they are all telling me about what things are all about, the number one or number two show in the country is the big bang theory, so we are all celebrating the geek. neil: this idea that if you have this business, very good ommon sense, i think they are lookin for answers in all the wrong places. how do you invite them? >> i will tell you as a florist, it is good business being in an ability to help people and relationships. i have been a social worker, i have been a florist, and both have a common theme. i wrote a book about my discoveries about the thing that makes us unique on this planet, which is a core of the story. the matter what, everything we do, whether it's the places we work with a service organizations that we might want to come in the sporting activities, we are all seeking out social intimacy. and if you are a hard-working and hardcharging geek of some success or not, you may not have theopportunity to meet someone, yet we ar
. with weaker than expected retail numbers we will be heading into a recession next year. shibani: jim laventhol says in many ways yes, but it won't be a disaster. welcome to the show. you heard what adam said, that the consumer which accounts for 70% of the gdp, spending, they are pulling back and pulled back this year and during holiday shopping season. how close are we to start getting into this talk of getting into recession again? >> we're pretty close by i appreciate your pudding a qualifier that we don't have to go into a panic. there are a couple reasons for that. if you look at the stock market which is mainly where people place risk bets on growing their assets it is arguably fairly priced, somewhere between 13 times and 14 times this year's earning so not like there's a wild overvaluation that needs to be corrected, nor is this like in 2000 where we had an overinvestment boom from telecom and tech spending more 2007 with the housing boom. you have none of those imbalances. the financial sector is in great shape. even though gdp of the u.s. is flashed the first half of the year which i
into the region and i mean cold. it's going to feel like winter. accu-weather meteorologist jim dickey to tell us more, jim? >> yeah, good evening, harris, this storm incredible yelled. rapidly striking its way up the coast and brought a swath of snow. and up to 20 inches from the storm and now across the region, not much to look at, but it isn't telling the full story and the pressure off the coast, and bringing in cold air and gusty winds. when you factor in the wind, the real-feel, minus 2 in portland and temperatures will fall here, cold ones, especially in new england and fall to 5 in burlington, down to a cold 9 in portland. like you said, winter is here to stay and of course, we're already looking for our next snowstorm here and new year's eve watching a large system drift out of the four corners out of the southern tier of the rockies, bringing soaking rain across the lower mississippi valley and a swath of snow from the central and southern plains into the ohio valley and not the snow maker we just saw or the predecessor of that storm either. still, decent snow in some spots and especial
in law enforcement take notice. >> jim jones, koresh, history has shown that these things happen. when religious zealots take charge of a group of people. >> a point of concern, the church-owned grocery store, the only big store in the community, was abruptly sold down. -- shut down. not only was this the sole grocery store in the flds community, but it was a gathering point. authorities are afraid its closing may signify something dire. >> is it your belief that warren jeffs believes the store doesn't need to be open because the earth is ending. the end of time is near and his people don't need to buy grocery nims? >> yes. >> others are driving out of time to shop. so what do warren jeffs' faithful followers have to say about all this? they're told to never talk to reporters, and some use their reporter intimidation technique, large vehicles speeding and screeching by us. and then emitting black smoke for added emphasis. one of the things we're hearing is he's been talking about the possible end of time, end of the world, and that people need to be faithful. is that your understanding
gone, but some other coaches that might have some worries here, jim schwarz in detroit, daley in buffalo, the list goes on. and tomorrow is an interesting day in the nfl and none of it has to do with action on the field. >> harris: peter, we appreciate you coming in on this sunday night, the last one of 2012, to bring us all the news. >> there you go. >> harris: about the nfl. >> a great year, harris. >> harris: fun to be with you. we've got to get back to breaking news, on the record, statements from the office now of secretary clinton, that the doctor have discovered our secretary of state has a blood clot that had formed stemming from the concussion she sustained several weeks ago. she's being treated with anticoagulants and is at new york presbyterian hospital so that they can monitor the medication over the next 48 hours. thank you so much for being with us on fox report, sunday, december 30th, 2012, i'm harris falkner. >> hello and welcome to a special live sunday prime time edition of "the five", i'm dana perino and this is a fox news alert. you are looking live at the
, the republican study committee leader jim jordan made the comment that while he was concerned about how the sequester might affect defense, he was more concerned that those cuts might not take place. that was part of a strong america is not to have this massive spending that we've been having. >> i'll have you on for another discussion about your concerns for the canadian invasion on another broadcast. >> we have to keep an eye on it. >> i'm glad you raised the issue. we haven't had enough of this. >> you see? >> senator hillary clinton spending another night in the hospital as doctors are treating that blood clot in her head. we're going to talk to dr. sanjay gupta neurosurgeon ahead. companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that when you find the job you want you'll be a perfect fit. let's get to work. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants t
congressman says the chances look slim to none. listen to virginia democrat jim moran as he describes why he'll likely vote against a deal. >> my congressional district would be the hardest-hit if we go over the fiscal cliff. i have tens of thousands of federal employees and a great deal of defense spending would be at risk. so if we don't suspend the sequester and it looks like this very small deal may not even achieve that, then i'd have to be a no vote. so if i had to guess right now, i don't think we're going to be able to reach a deal no matter how small it might be. >> a vote could take place later today, and you can watch coverage right here on cnn. >>> the president will continue to plead his case for a deal today. he's making his first appearance on a sunday talk show in more than three years. he's on nbc's "meet the press." mr. obama is expected to call for an immediate vote by congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits if the congressional negotiations fail. >>> fears over the fiscal cliff are weighing heavily on u.s. st
lawmaker. congressman jim clyburn believes mrs. obama would be a breath of fresh air in d.c. she's honest and straightforward. "she's exactly what we need around here." and recent polling shows mrs. obama beating senator mark kirk of illinois by double digits in a hypothetical match-up. her husband's adviser david axelrod is warning michelle obama fans not to get their hopes up. >> i don't think michelle has any desire to be a politician. she'll find ways to make contributions, i'm sure. but the last thing i think she would do is run for public office. >> of course there are a number of ways for the first lady to make her mark after her husband finishes his second term. as samuel l. jackson tells "newsweek," michelle is superwoman. "what can't she do?" i agree with that. run, michelle, run. tonight in our survey i asked you, is john boehner's move to reconvene the house a face-saving political move or a genuine effort to reach a deal? 97% say political move. 3% say genuine effort. coming up, dr. james peterson joins me to discuss "django unchained." i'll share my thoughts on the movie tha
as we speak. and hormel was representing so that point got through. jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated tr secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachusetts seat because he considers connecticut his home. >>> and it looks like ben affleck is sticking to life in hollywood instead of heading to washington. the star of argo, a great movie, says that he quote, loves the political process but i'm not running for office. we'll be right back. [ male announcer ] feeling like a shadow of your former self? c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you
. jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> still no word on who may inherit john kerry's senate seat now that he's been nominated for secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachusetts seat be
to get up to 1600 once again and i look for it to go higher. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little go over the cliff but we won't stay over and it's probably maybe even better off that we get a new congress looking at the prospects of a deal. there is a deal out there as opposed to the lame duck session. we'll probably have some volatile till but i think those are buying opportunities and we expect a better 2013. >> what kind of buying opportunities? what would you be looking to buy? >> well, certainly the sectors that have done well, i think, continue to be the financials. you look at consumer discretionary in here, which could take a hit and a down turn. n
. obviously the markets love it so far. but i've got to give you my take on this. then jared and jim will respond. i'm not thrilled with the deal, but next up i'll tell you why. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at today. and now you're protected. [ female announcer ] today, jason is here to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger.
. that is the u lis cease arguments, tying themselves to the mast. one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there are a lot of democrats in states like california, virginia, florida, in the senate and the house who don't want to see those defense cuts either because, boy, those are big employers. let me grill on one thing and that is this, tax rates are scheduled to go up anyway next year because of surcharges on medicare and a payroll tax surcharge because of obama care, am i right on that? >> you're right. if you look at it, incomes are really going to go back to where they were during the meltdown. the american economy will not have moved forward for many h
do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise in a sweater vest, counting down the top campaign stories of the year, number ten, the primaries. rick santorum's stunning performance in the iowa caucuses. >> game on. >> reporter: kicked off a battle for the republican nomination that few in washington had expected. the gop's odds on favorite, mitt romney stumbled in some of the early contests. he refused to release his tax returns allowing newt gingrich to take south carolina. >> we proved here in south carolina that people of power beats big money. >> reporter: but that big money eventually cleared the field and romney set his sights on the president. >> it's still about the economy and we're not stupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had had locked up the nomination, his former private investment capital was crashed by the super pac and obama campaign. the attack ads put romney on defense for months. the president a
of them spoke to reporters. take a listen. >> jim and i met in 1977. and at that time, i just didn't really believe that gay people would ever see the day that they could marry. >> i'm very happy. this is as happy as i've ever been, and to be able to spend the rest of my life with bill, legally, and just show the gay communities, it can be done. >> reporter: now, maryland's governor martin o'malley went against several leaders of his own catholic faith, including the archbishop of baltimore, to push this through the state legislature. all in all, nine states in america, including the district of columbia, have now legalized same-sex marriage. president obama's home state of illinois may be next. there is an initiative that may be introduced in the coming days in illinois. also, the u.s. supreme court is going to review two cases, two challenges to federal and state laws that define marriage as a union between a man and a woman. so a lot coming up legislatively and at the supreme court regarding same-sex marriage. wolf? >> brian, thank you. other laws takes effect this year, in illi
them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the stock market. stuart varney said it was an effort to cash out some of the money because they don't know what is happening next year. it proves the basic point. you raise taxes you are not raising revenues. most people will respond to thes . they are not sure and look at walmart. it is the walton family that is the richest family in the united states. they initially planned dividend pay out for january 2nd . uncertainty about the fiscal cliff. they are moving up it is yet another example of how we get around this. i would point out when companies are not paying out the dividends, it means we get waste we don't like. instead they spend on offices and private jets and otherwise they might have distributed those funds much >> yes. john tamny, have a great new years. >> and coming up on the show . how late is too late to get your kids eating right? >> and othe
Search Results 0 to 31 of about 32 (some duplicates have been removed)